Hester Peirce's Departure from SEC Signals Change in Crypto Regulation

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by Li Weicheng

an hour ago

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Hester Peirce, a prominent figure in U.S. cryptocurrency regulation, is set to depart from the Securities and Exchange Commission (SEC) on October 2, 2023. According to the official information, her exit marks the end of a significant chapter in the evolution of digital asset policy in the United States, where she has been a vocal advocate for clearer regulatory frameworks since her appointment in 2018.

Peirce's Departure

Peirce's exit comes at a pivotal time as the SEC is in the process of proposing new regulations that could significantly impact the cryptocurrency landscape.

Impact on the SEC

Her influence on the commission has been notable. Her absence may lead to shifts in how the SEC approaches future crypto-related issues.

In her recent address, Hester Peirce emphasized the need for innovative approaches to combat financial crime through cryptography, contrasting her regulatory insights with her upcoming departure from the SEC. For more details, see read more.

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